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Book Chapter

Appendix F. Analysis and Projection of Historic Patterns of U.S. Crude Oil and Natural Gas

By
Charles L. Moore
Charles L. Moore
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Published:
January 01, 1971

Abstract

The calculated initial quantity as of January 1, 1920, is 89 billion bbl. The projected quantity as of January 1, 1970, is 431 billion bbl. The aggregate quantity for the 50-year period 1920 to 1970 is 342 billion bbl, or an average annual quantity of 6.84 billion bbl. The projected quantity as of January 1, 2000, is 529 billion bbl. The aggregate quantity for the 30-year period 1970 to 2000 is 98 billion bbl, or an average annual quantity of 3.27 billion bbl. The projected ultimate discovery of crude oil originally in place is 587 billion bbl. The projected remaining undiscovered crude oil originally in place as of January 1, 2000, is 58 billion bbl, or 9.7 percent of the ultimate.

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Contents

AAPG Memoir

Future Petroleum Provinces of the United States—Their Geology and Potential, Volumes 1 & 2

Ira H. Cram
Ira H. Cram
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American Association of Petroleum Geologists
Volume
15
ISBN electronic:
9781629812236
Publication date:
January 01, 1971

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